Investments
46Portfolio Exits
6Funds
3About GFR Fund
GFR Fund is a San Francisco-based venture capital fund that invests in early-stage virtual and augmented reality startups and is managed by GREE VR Capital, an affiliate of GREE Inc., a global leader in mobile gaming industry.

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Expert Collections containing GFR Fund
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Find GFR Fund in 1 Expert Collection, including AR/VR.
AR/VR
33 items
Latest GFR Fund News
Nov 15, 2022
– Advertisement – Freedom Games landed $10 million in funding to speed up hiring and develop its developer platform wiki.ggthe corporate has introduced. – Advertisement – The funding is being led by Play Ventures, with extra participation from Nashville Capital Network and GFR Fund. – Advertisement – “We couldn’t be more proud to work together,” […] The post Freedom Games locks up $10 million in funding appeared first on The Alike.
GFR Fund Investments
46 Investments
GFR Fund has made 46 investments. Their latest investment was in Digs as part of their Seed VC on February 2, 2023.

GFR Fund Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
2/1/2023 | Seed VC | Digs | $5.25M | Yes | Betaworks Ventures, Flying Fish Venture Partners, FUSE, GFR Fund, Legacy Venture Management, Portland Seed Fund, and Undisclosed Investors | 1 |
12/19/2022 | Pre-Seed | Carter | $1.7M | Yes | 1 | |
11/9/2022 | Series A | Anything World | $7.5M | Yes | 1 | |
11/4/2022 | Seed VC | |||||
9/26/2022 | Series A |
Date | 2/1/2023 | 12/19/2022 | 11/9/2022 | 11/4/2022 | 9/26/2022 |
---|---|---|---|---|---|
Round | Seed VC | Pre-Seed | Series A | Seed VC | Series A |
Company | Digs | Carter | Anything World | ||
Amount | $5.25M | $1.7M | $7.5M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | Betaworks Ventures, Flying Fish Venture Partners, FUSE, GFR Fund, Legacy Venture Management, Portland Seed Fund, and Undisclosed Investors | ||||
Sources | 1 | 1 | 1 |
GFR Fund Portfolio Exits
6 Portfolio Exits
GFR Fund has 6 portfolio exits. Their latest portfolio exit was GameClub on March 23, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
3/23/2023 | Acquired | 2 | |||
Date | 3/23/2023 | ||||
---|---|---|---|---|---|
Exit | Acquired | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 2 |
GFR Fund Fund History
3 Fund Histories
GFR Fund has 3 funds, including GFR Covid-19 Angel Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
7/16/2020 | GFR Covid-19 Angel Fund | $0.61M | 1 | ||
3/7/2019 | GFR Fund II | ||||
2/15/2018 | GVR Fund |
Closing Date | 7/16/2020 | 3/7/2019 | 2/15/2018 |
---|---|---|---|
Fund | GFR Covid-19 Angel Fund | GFR Fund II | GVR Fund |
Fund Type | |||
Status | |||
Amount | $0.61M | ||
Sources | 1 |
GFR Fund Team
3 Team Members
GFR Fund has 3 team members, including current Managing Partner, Teppei Tsutsui.
Name | Work History | Title | Status |
---|---|---|---|
Teppei Tsutsui | Managing Partner | Current | |
Name | Teppei Tsutsui | ||
---|---|---|---|
Work History | |||
Title | Managing Partner | ||
Status | Current |
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